Accumulative Swing Index - ASI
Definition of 'Accumulative Swing Index - ASI'A indicator used by traders to gauge a security's long-term trend by comparing bars which contain its opening, closing, high and low prices throughout a specific period of time. When the ASI is positive, it suggests that the long-term trend will be higher, and when the ASI is negative, it suggests that the long-term trend will be lower.The ASI is often cited as being developed by Welles Wilder. |
|
Investopedia explains 'Accumulative Swing Index - ASI'While the ASI is most often used for futures trading, it can be used for analyzing the price trends of other assets as well. The ASI may be used in conjunction with price charts in order to confirm trendline breakouts, because the same trendline would be penetrated in both situations. |
Related Definitions
Articles Of Interest
-
Momentum And The Relative Strength Index
These two indicators can give the trader a better understanding of when to get in and out of an issue. -
Accumulative Swing Index And The McClellan Oscillator
These indicators serve as confirmation for those of us who need to double check our findings on a regular basis. -
Basics Of Technical Analysis
Learn how chartists analyze the price movements of the market. We'll introduce you to the most important concepts in this approach. -
A Primer On The MACD
Learn to trade in the direction of short-term momentum. -
6 Asset Allocation Strategies That Work
Your portfolio's asset mix is a key factor in whether it's profitable. Find out how to get this delicate balance right. -
When To Short A Stock
Learn how to make money off failing shares. -
A Top-Down Approach To Investing
Use a global view to determine which stocks belong in your portfolio. -
Top 4 Most Scandalous Insider Trading Debacles
Here we look at some of the landmark incidents of insider trading. -
Market Summary for September 6, 2013
The major U.S. indices moved lower this week, after a lackluster jobs report sent shares lower on Friday morning. -
Nobel Winners Are Economic Prizes
Before you try to profit from their theories, you should learn about the creators themselves.
Free Annual Reports